Unlocking Wealth: The Power of Entitlement in Real Estate Development

[Sid Bobba]

Details

There is a cover fee of $10 at the door. Seating is limited so please reserve your spot.
Free pizza and networking start at 6:30 PM
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TOPIC:
Unlocking Wealth: The Power of Entitlement in Real Estate Development - With Joe Velasco

WHEN and WHERE:
April 17th (Thursday) at 6:30 PM. Aloft Mountain View (Address: 840 E El Camino Real, Mountain View, CA 94040)
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Event:
Unlocking Wealth: The Power of Entitlement in Real Estate Development
Entitlement in real estate development is a game-changer, allowing investors to significantly increase property value with minimal capital investment. By strategically acquiring properties with possible delayed closings, negotiating structured release payments, and securing approvals for higher-density developments, developers can generate substantial returns without heavy carrying costs.
This strategy proves that knowledge and timing in entitlement can create wealth far beyond traditional flipping or development. Let’s dive into how you can leverage this approach to maximize returns in today’s market. We at SJRENC are proud to present Mr. Joe Velasco - Top bay Area Realtor and Developer.

### About the Speaker: Joe Velasco

Joe Velasco is a distinguished real estate professional, developer, and team leader of the Joe Velasco Group at Intero Real Estate Services, based in Cupertino, California. With over two decades of experience and a career sales volume exceeding $2 billion, Joe has consistently ranked in the top 1% of Realtors nationwide for 12 consecutive years, as recognized by The Wall Street Journal RealTrends.
Recently inducted into the Berkshire Hathaway Hall of Fame (2025) for achieving $16 million in commissions during his tenure at Intero from 2011 to 2017, Joe specializes in luxury real estate, high-end new construction, and real estate development across Silicon Valley and the Peninsula.

### Expertise in High-End & Multi-Residential Developments

Joe offers a dedicated sales team that specializes in multi-residential new construction projects, handling large-scale developments such as:

• Carroll Commons
• Woodside Oaks

Additionally, Joe is currently marketing 1182 Fordham Way, with two brand-new developments coming soon in Palo Alto and Los Altos.
His team understands the quality, warranties, and materials of high-end and mid-tier construction and excels at articulating value to both luxury and middle-class buyers. With a deep knowledge of new construction warranties, high-end finishes, and investment potential, they are experts in sourcing, structuring, and selling high-value development deals.

Agenda:

• Introduction
• Inventory report
• Host Presentation
• Presentation by Joe Velasco
• Q & A session

PS: The organizers Nitin, Vicky & Sid are all experienced real estate investors, who are flipping properties locally. We are still buying properties in the area, remodel or add value and sell for top dollar. If you are a Realtor, Wholesaler or a Private lender, please talk to us, lets do some business together. We are open to partnering with newer investors for a win-win.

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